Global Surgical Staplers Market Growth Is Driven By The Increasing Demands

Posted by sahil on January 9th, 2020

surgical staplers market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of surgical staplers market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.

Global Surgical Staplers Market is expected to rise from its initial estimated value of USD 3.62 billion to an estimated value of USD 6.39 billion by 2026, registering a CAGR of 7.37% in the forecast period of 2019-2026. This rise in market value can be attributed to the increasing surgical procedures.

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Surgical staplers are used in surgery to close the skin wounds and joins. They are used in place of sutures as it reduces local inflammatory response and width of the wound. It also reduces the post procedure complexities like bleeding. With advancement in technologies, now surgical staplers are made of plastics or stainless steel. Due to increasing obesity, cardiovascular problems and cancer, there is increase in the surgical stapler market.

Key Market Competitors:

Few of the major competitors currently working in the surgical staplers market are Ethicon USA, LLC, Medtronic, Intuitive Surgical, AesDex, LLC, CONMED Corporation, Smith & Nephew, BD, 3M, B. Braun Melsungen AG, Purple Surgical, Frankenman International Limited, Welfare Medical Ltd., Zimmer Biomet, Stryker, Meril Life Sciences Pvt. Ltd., Touchstone International Medical Science Co. Ltd., Reach Surgical, Grena Ltd.

Segmentation: Global Surgical Staplers Market

• By Product Type (Laparoscopic Surgical Stapler, Open Surgical Stapler, Linear Cutter Stapler, Skin Stapler, Stapler Reloads)
• By Applications (Abdominal & Pelvic Surgery, General Surgery, Cardiac and Thoracic Surgery, Orthopedic Surgery, Other Surgical Application)
• By Mechanism (Manual Surgical Staplers, Powered Surgical Staplers)
• By Type (Disposable Surgical Staplers, Reusable Surgical Staplers)
• By End- User (Hospitals, Ambulatory Surgical Centers (ASCs) and Clinics)
• By Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)

Market Drivers

• Technological advancement and development in surgeries is driving the growth of this market.
• Increasing geriatric population is driving the market.

Market Restraints

• High cost of the surgical procedure is restraining the market.
• Higher risk of infections and other conditions is restraining the market.

Reasons to Purchase this Report

• Current and future of global surgical stapler market outlook in the developed and emerging markets
• The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
• Regions/Countries that are expected to witness the fastest growth rates during the forecast period
• The latest developments, market shares, and strategies that are employed by the major market players

Customization of the Report:

• All segmentation provided above in this report is represented at country level
• All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)       

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